As global infrastructure investment approaches $2.3 trillion annually, developers face a critical choice: Brownfield vs Greenfield projects. But which approach delivers better cost efficiency? The answer isn't as straightforward as comparing apples to apples – it's more like comparing vintage wine to freshly squeezed juice.
When confronting Brownfield redevelopment or Greenfield ventures, 73% of industrial leaders admit struggling with strategic alignment. Why do 42% of retrofit projects exceed budgets, while 58% of new developments face stakeholder resistance? The answer lies in understanding these approaches as complementary forces rather than binary choices.
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